Adjusted EBITDA Requirement. Means the achievement by Health Management, as determined by the Committee, of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table: Percentage of Targeted Adjusted
EBITDA AchievedDuring EBITDAAchieved During Grant Year Percentage of Performance
Shares thatBecomes Sharesthat Becomes the
Earned Performance EarnedPerformance Shares at theConclusion of
the First Grant Yearand Becomes Eligible for Vesting Percentage of Cash... PerformanceAward that Becomes the EarnedCash Amount at the Conclusionof the First Grant Year andBecomes Eligible for Vesting Less than 90.0% 0 % 0 % 90.0% - 92.4% 50 % 50 % 92.5% - 94.9% 60 % 60 % 95.0% - 97.4% 75 % 75 % 97.5% - 99.9% 90 % 90 % 100.0% or more 100 % 100 %
View More
Adjusted EBITDA Requirement. Means the achievement by Health Management, as determined by the Committee, of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table: Percentage of Targeted Adjusted EBITDA
AchievedDuring Achieved During Grant Year Percentage of
Performance Shares thatBecomes the Earned Performance Shares at theConclusion of the First Grant Year andBecomes AdjustedEBITDA-Based PerformanceAwards Eligible
for For Vesting Less than 90.0%
0 % 0% 90.0% - 92.4%
50 % 50% 92.5% - 94.9%
60 % 60% 95.0% - 97.4%
75 % 75% 97.5% - 99.9%
90 % 90% 100.0%
or more 100 % (and over) 100%
View More
Adjusted EBITDA Requirement. Means the achievement by Health
Management, Management of Adjusted EBITDA, as determined by the Committee,
of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table:
0 Percentage of
Targeted Adjusted TargetedAdjusted EBITDA
AchievedDuring Achieved During Grant Year Percentage of Performance
Shares thatBecomes the Earned Performance Shares at theConclusion of the First Grant Year andBecomes Vesting Component Eligible
for For... Vesting Less than 90.0% 0 % 90% 0% 90.0% - 92.4% 50 % 50% 92.5% - 94.9% 60 % 60% 95.0% - 97.4% 75 % 75% 97.5% - 99.9% 90 % 100.0% or more 100 % 90% 100% (and over) 100%
View More